Chrysler 2014 Annual Report Download - page 231

2014 | ANNUAL REPORT 229
27. Debt
Breakdown of debt by category and by maturity was as follows:
At December 31,
2014 2013
Due
within
one year
Due
between
one and
five years
Due
beyond
five years Total
Due
within
one year
Due
between
one and
five years
Due
beyond
five
years Total
(€ million)
Bonds 2,292 10,367 4,989 17,648 2,572 8,317 3,577 14,466
Borrowings from banks 3,670 8,131 950 12,751 2,584 5,639 607 8,830
Payables represented by securities 559 544 270 1,373 554 1,374 2,604 4,532
Asset-backed financing 444 25 — 469 746 10 — 756
Other debt 745 424 314 1,483 1,019 353 327 1,699
Total Debt 7,710 19,491 6,523 33,724 7,475 15,693 7,115 30,283
Debt increased by €3,441 million at December 31, 2014. Net of foreign exchange translation effects and scope of
consolidation, the increase in Debt was €2,059 million: FCA issued new bonds for €4,629 million and repaid bonds
on maturity for €2,150 million; medium and long-term loans (those expiring after twelve months) obtained by FCA
amounted to €4,876 million, while medium and long-term borrowings repayments amounted to €5,838 million.
The annual effective interest rates and the nominal currencies of debt at December 31, 2014 and 2013 were as follows:
Interest rate Total at
December 31,
2014
less than
5%
from 5%
to 7.5%
from 7.5%
to 10%
from 10%
to 12.5%
more than
12.5%
(€ million)
Euro 6,805 7,500 1,003 87 — 15,395
U.S. Dollar 5,769 2,651 2,537 8 206 11,171
Brazilian Real 1,720 430 282 376 1,330 4,138
Swiss Franc 593 686 — — — 1,279
Canadian Dollar 31 229 393 — — 653
Mexican Peso — 164 233 — — 397
Chinese Renminbi 1 333 — — — 334
Other 197 20 37 24 79 357
Total Debt 15,116 12,013 4,485 495 1,615 33,724
Interest rate Total at
December 31,
2013
less than
5%
from 5%
to 7.5%
from 7.5%
to 10%
from 10%
to 12.5%
more than
12.5%
(€ million)
Euro 5,382 7,412 2,253 90 — 15,137
U.S. Dollar 2,962 122 5,744 12 169 9,009
Brazilian Real 1,271 431 256 1,190 — 3,148
Swiss Franc 378 672 — — — 1,050
Canadian Dollar 39 79 584 — — 702
Mexican Peso — — 414 — — 414
Chinese Renminbi 2 292 66 — — 360
Other 291 17 51 10 94 463
Total Debt 10,325 9,025 9,368 1,302 263 30,283
For further information on the management of interest rate and currency risk reference should be made to Note 35.